Patrick Byrne (Overstock CEO) looking for another Blockchain. Bitshares anyone?

[Akado]

glad to hear that 

[bytemaster]

We have reached out to our contacts at Overstock to follow up.  Please do not spam them.

[btswildpig]

That's awesome. It should happen to most companies who want to use blockchain tech    does anyone know how to contact them without spamming their email box?I feel if someone emailed them they would just ignore..

We should aim for that, we're still in a... underdeveloped phase for such a big company I guess, but that can be worked out with time. I mean, they're looking for other solutions right? After Bitcoin they'll probably look at ethereum, but they want something that can scale right? And isn't BitShares the best option for that?

We can tweet them https://twitter.com/Overstock

You don't need to email them. Patrick is familiar with BTS & is likely following it.

We're actively in talks with Overstock - that's all I'm allowed to say now.

The 'perceived threat' from Overstock was also likely one the catalysts for adding dilution...

What if someone decided to invest $30 million dollars to build infrastructure for a clone of BTSX and didn't honor AGS/PTS/X holders?
What if someone built a better wallet, a phone app, and had multiple gateway partners?
What if it isn't technology that mattered but network effect and partners?
What if the technology behind BTSX wins the day but another chain gains the network effect?
What if BTSX could do that first?
What if BTSX could invest $30 million dollars to do these things?
What if BTSX couldn't?
What if the BTSX development team could be 10 x larger? 
What if....

https://bitsharestalk.org/index.php?action=post;quote=122263;topic=9418.0

LaMancha (high probability = Dan) preceded Overstock announcement by 10 days...

so it looks like we have overstock to blame for the merger 

[Empirical1.2]

That's awesome. It should happen to most companies who want to use blockchain tech    does anyone know how to contact them without spamming their email box?I feel if someone emailed them they would just ignore..

We should aim for that, we're still in a... underdeveloped phase for such a big company I guess, but that can be worked out with time. I mean, they're looking for other solutions right? After Bitcoin they'll probably look at ethereum, but they want something that can scale right? And isn't BitShares the best option for that?

We can tweet them https://twitter.com/Overstock

You don't need to email them. Patrick is familiar with BTS & is likely following it.

We're actively in talks with Overstock - that's all I'm allowed to say now.

The 'perceived threat' from Overstock was also likely one the catalysts for adding dilution...

What if someone decided to invest $30 million dollars to build infrastructure for a clone of BTSX and didn't honor AGS/PTS/X holders?
What if someone built a better wallet, a phone app, and had multiple gateway partners?
What if it isn't technology that mattered but network effect and partners?
What if the technology behind BTSX wins the day but another chain gains the network effect?
What if BTSX could do that first?
What if BTSX could invest $30 million dollars to do these things?
What if BTSX couldn't?
What if the BTSX development team could be 10 x larger? 
What if....

https://bitsharestalk.org/index.php?action=post;quote=122263;topic=9418.0

LaMancha (high probability = Dan) preceded Overstock announcement by 10 days...

[btswildpig]

lol , you forgot about what happened last year with the Patrick guy 

[sudo]

That's awesome. It should happen to most companies who want to use blockchain tech    does anyone know how to contact them without spamming their email box?I feel if someone emailed them they would just ignore..

We should aim for that, we're still in a... underdeveloped phase for such a big company I guess, but that can be worked out with time. I mean, they're looking for other solutions right? After Bitcoin they'll probably look at ethereum, but they want something that can scale right? And isn't BitShares the best option for that?

We can tweet them https://twitter.com/Overstock

call them  by phone  or  go to the company

[topcandle]

@bytemaster @Stan are you working on this?

[CLains]

I was there when he announced his initial decision.... I was madder than anybody around... but now I have a different take...

They are just turtles... to the core of their hearts... the fastest running turtle is at the end of the day just another turtle....they cannot be educated...they can be just eradicate by the next wave!

I had the same feels of sounds falling of deaf ears, that only time could heal their ignorance.

[tonyk]

I was there when he announced his initial decision.... I was madder than anybody around... but now I have a different take...

They are just turtles... to the core of their hearts... the fastest running turtle is at the end of the day just another turtle....they cannot be educated...they can be just eradicate by the next wave!

[xeroc]

Educate them about graphene as a standalone technology and only then tell them that they dont need to run their own chain but can benefit from existing user base and infrastructure using bts!

That would be my approach.

[Akado]

That's awesome. It should happen to most companies who want to use blockchain tech    does anyone know how to contact them without spamming their email box?I feel if someone emailed them they would just ignore..

We should aim for that, we're still in a... underdeveloped phase for such a big company I guess, but that can be worked out with time. I mean, they're looking for other solutions right? After Bitcoin they'll probably look at ethereum, but they want something that can scale right? And isn't BitShares the best option for that?

We can tweet them https://twitter.com/Overstock

[topcandle]

https://www.reddit.com/r/Bitcoin/comments/3x8o0u/maybe_were_not_going_to_use_the_bitcoin/


The “throughput” that Byrne is referring to is really the ability of the Bitcoin network to process large numbers of transactions and upload them to the blockchain without getting bogged down. As numerous spam attacks—or “stress tests,” depending on your outlook—have proven over the last year, the Bitcoin blockchain is pretty easily gummed up. If this happens, that proof of stock ownership might not take 10 minutes to go through, but hours, or even days. Another chain might not have these issues.
http://motherboard.vice.com/read/overstock-wants-to-fix-wall-street-by-trading-brokers-for-the-blockchain
Here's a major player who wants to use Bitcoin as a settlement layer today, and has to look at other alternatives because of the block size cap.
I fear this is rapidly going to become a reoccurring theme...